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26.03.2009, 17:23

Reserve currencies and the Russian budget

Amidst calls for a move away from the use of the U.S. dollar as an international reserve currency RT spoke with Elina Ribakova, Chief Economist at Citibank for her thoughts, and also the outlook for the Russian budget.

26.03.2009, 16:51 2 comments

World needs more reserve currencies – expert

Now the U.S. economy is not the dominant one as it has been in the past. Therefore, Roger Munnings, from accounting giant KPMG believes there is a need for more reserve currencies around the world to provide stability.

26.03.2009, 10:00 3 comments

Dollar concerns lend impetus for new reserve currency

A leading economist claims that Moscow's proposal to ditch the dollar as the world's reserve currency will sink the world economy. It comes as Russia's Central Bank says it is pushing ahead with the plans.

01.06.2009, 22:02 6 comments

IMF predicts sharp contraction as private funds desert Russia

The international monetary fund has issued a new forecast for the Russian economy for this year. It's predicting a sharp contraction, but there's some good news amongst the grim statistics.

Russian Federation, Moscow : Russian Prime Minister Vladimir Putin delivers a speech at an investment forum in Moscow on September 29, 2009. (AFP Photo / Natalia Kolesnikova) 29.09.2009, 20:04 5 comments

Leaders commit to market with state control set to go beyond 50%

Russia is preparing for a new wave of privatization according to Prime Minister Vladimir Putin. The move could help not only improve Russia’s budget outlook, but also its image.

22.01.2010, 17:03 2 comments

Fitch ups Russian credit outlook as PwC looks to bigger long term

A sharp rebound in commodity prices has seen Fitch Ratings move Russia’s credit rating from negative to stable, as PwC says Russia could become the largest European economy in two decades.

11.05.2010, 13:59 4 comments

European bail out: What it means

Business RT spoke with Chris Weafer, Chief Strategist at Uralsib about the decision by Eurozone nations to agree to a €750 billion bailout mechanism to protect the European currency.

25.06.2009, 10:46 3 comments

World bank gloom on Russian economy as OECD looks for sharp rebound

The economic crisis is changing the structure of Russia's population, boosting the number of poor and cutting the middle class. It's part of the World Bank’s forecast for this year - and it just got more gloomy.

07.05.2010, 15:36 3 comments

Get ready for the European double dip

The US and Russia are gaining traction on an economic rebound, with China posting rudely healthy 1Q 2010 GDP growth. But its time for Europe to get ready for Recession - the sequel.

RIA Novosti / Andonn Denisov, STF 07.04.2010, 22:38 3 comments

Moscow to boost standing as global financial centre

Improving the investment climate, reforming financial infrastructure, and clarifying the tax regime - these tasks are on Moscow's "to do" list, as it bids to become a global financial center.

EBRD: "Frankly, we may have to wait some time yet."

Published: 26 March, 2009, 20:48


According to the EBRD's Chief Economist, East European states are among the last in line for economic recovery. He believes it is vital the West spread its aid East.

 
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